DDaT22231-Loan Management System

Concepts

• loan management system
• swindon
• software package
• ddat22231-loan management system
• uk loans limited
• information systems
• backend delivery of its innovation loans programme
• innovate uk loans limited
• flexible loan management system
• new loans

Location

Description

The final date and time for the submission of bids is Monday, 18th July 2022 at 17:00. DO NOT apply directly to the buyer. All tender information MUST be submitted through the Jaggaer eSourcing Portal. Brief Description of Requirement The maximum budget for the initial three years is £450,000.00 excluding VAT. There is an option for extension for Year 4 & Year 5. The optional extension of 2 years (1+ 1) on an annual basis shall not exceed £120,000.00 excluding VAT. UKRI - Innovate UK Loans Limited is seeking to procure a loan management system to support the backend delivery of its Innovation Loans programme. The programme is expected to deliver 50-100 new loans/per year, supporting approximately 200 new Innovative UK businesses. The aim is to: - Procure the delivery of reliable, responsive and flexible loan management system; - Procure a system which had evidenced capability to run loans of the same or similar type to Innovation Loans. - Ensure the provider has sufficient capability to train IUKL users on the system and be dedicated to the account for up to 6 months to ensure the team are comfortable using the system. - Ensure sufficient technical resource is available to onboard the loans to the system and setup integrations to existing IUKL systems. The loans are currently structured as follows - but are subject to change:

CPV Codes

• 48000000 - Software package and information systems

Indicators

• Contract is suitable for SMEs.

Other Information

- Availability period - the time in which the business completed their R&D project and draws down funds from the overall committed facility (similar to stage payments). This is an interest only period which can be up to 3 years in length. - Extension Period - an interest only period to allow businesses time to commercialise their project. No drawdowns take place in this period. This is an interest only period which can be up to 2 years in length. - Repayment period - repayment of capital and interest (including accrued interest in some instances), can be up to 5 years in length. - The drawdowns are typically paid quarterly and interest is also collected quarterly(an example of the process flow is given in Appendix C1 ). All attachments can be found with the Supplier Attachments tab within the Jaggaer eSourcing Portal. This contract will be awarded based on the evaluation criteria as set out in the RFP document. How to Apply UK Shared Business Services Ltd (UK SBS) will be using the Jaggaer eSourcing Portal for this procurement. To register on the Jaggaer eSourcing portal please use the link https://beisgroup.ukp.app.jaggaer.com/ and follow the instructions to register as a supplier. If you are already registered on the Jaggaer eSourcing Portal and wish to participate in this procurement, please use the link: https://beisgroup.ukp.app.jaggaer.com/. Once you are logged into the system you will be able to locate the Procurement you wish to leave a bid on by clicking the ITTs Open to All Suppliers and searching for the reference number DDaT22231. All submissions will be assessed in accordance with the Public Procurement Regulations that apply to this opportunity. Responses must be received by the date and time in the tender documentation; responses received outside of the deadline or not sent via the Jaggaer eSourcing portal will not be accepted or considered by the Contracting Authority further for this opportunity. Interested organisations should ensure that they allow a sufficiency of time, prior to the deadline to allow all sections to be completed in full and any attachments to be uploaded. As a user of the Jaggaer eSourcing Portal you will have access to the Jaggaer messaging service which facilitates all messages sent to you and from you, as well as other messages and updates in relation to any specific tender event. Please note that any and all information secured outside of the messaging service, shall have no merit or worth and should not be relied upon by any organisation submitting a tender response. Please note it is your organisations responsibility to access these messages on a regular basis to ensure you have sight of all relevant information applicable to this opportunity. The Contracting Authority expressly reserves the right: i. not to award any contract as a result of the procurement process commenced by publication of this notice; and ii. to make whatever changes it may see fit to the content and structure of the procurement; and under no circumstances as part of your organisations participation in this opportunity, will the Contracting Authority be liable for any costs incurred by any organisation as a result. If the Contracting Authority decides to enter into a contract with any successful organisation(s), this does not mean that there is any guarantee of subsequent contracts being awarded. Any expenditure, work or effort undertaken prior to contract award is accordingly a matter solely for the commercial judgement of your organisation in doing so. About UK Shared Business Services UK Shared Business Services Ltd (UK SBS) brings a commercial attitude to the public sector; helping our contracting authorities to improve efficiency, generate savings and modernise. Where UK SBS is not named as the Contracting Authority within the documentation, UK SBS will be acting as an agent on behalf of the Contracting Authority. Our broad range of expert services is shared by our customers. This allows our customers the freedom to focus resources on core activities; innovating and transforming their own organisations. For full details of our partner base please review the following link: http://www.uksbs.co.uk/services/procure/contracts/Pages/default.aspx Jaggaer eSourcing Portal https://beisgroup.ukp.app.jaggaer.com/